This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $47,418 initial cash invested.
-11.92%
Cash On Cash
4.49%
Cap Rate
0.69
DSCR
$1,736
Rent
-$471
Cashflow
Cash Flow
$1,736 income − $2,207 expenses = $471 out of pocket
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,418
Downpayment
20%
$45,160
Closing costs
1%
$2,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,736
Total Expenses
$2,207
Mortgage P&I
71%
$1,229
Property Taxes
26%
$444
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0